How NFT Marketplaces Adapted to Survive in 2025
Yahoo Finance·2025-12-27 05:01

NFT mania is a distant memory in 2025. It was an era—back in 2021 and early 2022—when Beeple sold a jpeg for 69.3million,CryptoPunksweregoingfortensofmillions,andcelebritieskeptapingintotheBoredApeYachtClub. ThecumulativeNFTmarketcaphasdropped9969.3 million, CryptoPunks were going for tens of millions, and celebrities kept aping into the Bored Ape Yacht Club.  The cumulative NFT market cap has dropped 99% from its 2023 all-time high of 184 billion to just $487 million, per CoinMarketCap. In what is now a comparatively barren wasteland, NFT marketplaces have been forced to adapt, with titans of the sector like OpenSea and Magic Eden expand ...